Wells Fargo, Union to Begin Closely Watched Contract Talks (1)

Wells Fargo & Co. is slated to begin the first-ever contract negotiations between a giant US bank and unionized employees, setting the stage for union activity at the lender to ramp up.

Wells Fargo and workers on Tuesday will kick off three days of scheduled bargaining talks at a branch in Albuquerque, N.M. The Eldorado branch in Albuquerque voted to join the Communications Workers of America’s Wells Fargo Workers United last December, making it the first branch of a big US bank to unionize.

With contract talks on tap, the Albuquerque branch has again drawn the attention of Wells Fargo ...